My apologies to taoeffect. This show went on longer than usual and I underestimated the proper time. If you are interested in talking to him and his work on DNS DAC then pm me.

Ethereum replacement announced !!

In this Beyond Bitcoin Hangout dated October, 17, 2014.

0:00 Daniel Larimer starts out the show with us !1:10 Why can't BitUSD hold a tighter peg ? How does the spread and liquidity impact this ?What is the risk to liquidity providers ?5:51 What is the transaction fee for updating ? An indepth discussion of bitUSD and market making continues. Bytemaster explains why the lack of a large buy and sell wall does not mean that liquidity is lacking and why you are guaranteed to get full price within 15 or 30 days.10:46 Discussion of release of the new market (gui?). Bugs discovered and hardfork plans.12:22 When will we see v 1.0 of Bitshares X ?12:53 What about the mail system integration and how is that tied into the lightweight client ?14:16 How about finding a credit union to hold their assets in bitUSD ? Bytemaster talks about trying to discover how this aspect of credit unions are regulated in this area.17:55 What about different jurisdictions that might be lighter on the regulations ?18:18 Fuz talks about how the Phillipines is trying to create their own state sponsored crypto-currency.20:54 What about the bond idea and exposure to counterparty risk ?22:12 Do you think there might be an educational tool to show people they could skip the credit union ?23:02 A user asks if every DAC should have a bitBTC or bitUSD for transactions ?24:43 Dan announces that the Vote DAC will only have their own bitUSD. The conversation gets very very interesting. The Voting DAC is announced and where the direction with it may be going. A direct competitor to Ethereum.27:51 What exactly is proof of person about ?30:02 How is the team managing all the new projects ?31:43 What does Bytemaster see as his role as the new projects are created.33:40 What about your financial vision that you baked into Bitshares X, Bytemaster ?35:08 How do you get started if you wish to be hired by I3 ?36:48 Is the killing of PTS proposal tied into this new Vote direction ? What is the general direction of the Bitshares ecosystem ?39:53 What makes a DAC a Proto-DAC ?45:00 Dan, How do you recommend that a DAC developer receive donations to help with their endeavor ?46:06 What about the new class of delegates ? Technical versus business delegates that have different roles ?52:06 What are some ideas that 3rd party devs could code up ?56:10 Discussion of bitBTC used as a core asset instead of bitUSD ?58:46 How do you convince a merchant to utilize bitUSD ? 1:00:53 Discussion of cross-chain trading.1:03:11 Brief explanation of the theory behind cross-chain trading.1:07:34 Do you have backup speakers for when you are not available ? Discussion of the value in Bitcoin conferences going forward and how they seem to have changed in the value they provide Bitshares.1:10:20 What about Money 20/20 ?